Neobo Fastigheter AB (publ) (NEOBO) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.562 Welcome to Neobo Q2 Report 2025. During the questions and answers session, 00:00:05.562 -- 00:00:11.434 participants are able to ask questions by dialing pound key 5 on their telephone keypad. 00:00:11.434 -- 00:00:15.122 Now I will hand the conference over to CEO Ilva Sarbi-Westman. 00:00:15.122 -- 00:00:16.805 Please go ahead. 00:00:16.805 -- 00:00:21.876 Thank you and good morning everyone and welcome to the presentation of Neobo's 00:00:21.876 -- 00:00:25.324 Interim Report January to June 2025. 00:00:25.324 -- 00:00:30.395 My name is Ylva Saarby Westman and I'm joined here today by our CFO 00:00:30.395 -- 00:00:32.676 Maria Strandberg. 00:00:32.701 -- 00:00:37.446 Despite a turbulent global environment, we have remained focused on our core business, 00:00:37.446 -- 00:00:41.731 creating attractive, sustainable living environments where people can thrive and feel 00:00:41.731 -- 00:00:43.593 secure. And 00:00:43.593 -- 00:00:48.979 it's rewarding to see our efforts paying off and that we are on the right track. 00:00:48.979 -- 00:00:53.804 Profit from property management increased by 50% in the first six months of the year, 00:00:53.804 -- 00:00:58.402 despite seven properties being divested last year. 00:00:58.402 -- 00:01:03.168 Rental income in the Like4Like portfolio increased by 4% and 00:01:03.168 -- 00:01:08.174 net operating income improved by 12% in the Like4Like portfolio as 00:01:08.174 -- 00:01:13.320 a result of both higher rental income and lower property management costs. 00:01:13.320 -- 00:01:18.567 We are reporting positive unrealized value changes in the property portfolio of 11 00:01:18.567 -- 00:01:23.613 million as a result of stabilized yield requirements and increased net operating 00:01:23.613 -- 00:01:2...